Ukraine premiums soar and losses loom in uncertain marine war picture
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Ukraine premiums soar and losses loom in uncertain marine war picture

Samuel Casey
08 March 2022
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Ukrainian flag flies from the stern of a ship in the Black Sea port of Odessa, Ukraine.jpg

The eruption of major conflict in Ukraine has left the marine war market fearing major losses, as underwriters and brokers race to secure coverage for clients and assess the impact of ever-changing sanctions.

Following a rapid escalation in the conflict, a substantial number of vessels have been left stranded in Black Sea ports such as Odessa, which reports suggest could soon become major warzones.

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News Marine London market
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Samuel Casey
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